Lantronix purchasing building, home automation software developer

Irvine, Calif. - To strengthen its device networking solutions with advanced automation software that has enhanced management capabilities and cuts integration costs, Lantronix announced Jan. 10 that it has acquired Premise Systems Inc. (Redmond, Wa.).

01/14/2002


Irvine, Calif. - To strengthen its device networking solutions with advanced automation software that has enhanced management capabilities and cuts integration costs, Lantronix announced Jan. 10 that it has acquired Premise Systems Inc. (Redmond, Wa.). Pending regulatory approval, the deal positions Lantronix to capitalize on the multi-billion-dollar building and home automation markets.

Lantronix reports its Device Networking solutions add intelligence to devices like lighting control systems, security and HVAC systems, entertainment equipment and household appliances, allowing them to be connected to a network and the Internet for real-time access to information. Premise Systems' advanced SYS software suite complements Lantronix's products by providing management and control capabilities for devices that have been network- and Internet-enabled.

'The acquisition of Premise Systems enables Lantronix to define ourselves as a complete device networking solutions provider,' says Fred Thiel, Lantronix's ceo. 'From state-of-the-art automation software to real-time operating systems to hardware, Lantronix is now a leading provider of complete building, home and factory automation solutions. This acquisition allows Lantronix to capitalize on the expanding building and home automation markets.'

Premise's software is usually installed as a value-added service in a home or commercial gateway, and it supplies a set of software development tools that allows manufacturers, integrators and installers to design, publish and manage solutions for end-users. With SYS, Premise reports that building and home automation is greatly simplified and integration costs are reduced.

'Since we began working with Lantronix, both companies have seen the technical barriers to networking and controlling devices almost completely disappear,' says Dan Quigley, Premise Systems' ceo. 'Formalizing our relationship through this deal should allow us to refine our technologies, making them more cost-effective and easy to implement, and extend our services to a wider audience of consumers.'

Lantronix and Premise are both members of the Microsoft Universal Plug-and-Play Forum, an industry consortium dedicated to creating standards that greatly simplify the implementation of device networks in home and corporate environments.

In related news, Premise entered into a commercial agreement in mid-December with Smart Co. to jointly deliver home networking and automation systems. Smart was formed in 2001 as a result of a partnership and investments between Smart LLC, General Electric Industrial Systems and Microsoft, introducing the new brand name, GE Smart for the Connected Home. Premise Systems teamed up with Smart to deliver easy-to-use GE Smart Connected Home consumer automation systems.





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